Ever wondered how much the top executives at major government banks make? In 2024, the salaries of leaders like the Managing Directors (MDs) and Chief Executive Officers (CEOs) of big banks such as the State Bank of India (SBI) and Punjab National Bank (PNB) are a hot topic. These figures give us an idea of their responsibilities and the current state of the banking world. In this article, we’ll break down the latest salary information for these top positions, making it easy to understand how much they earn and what it means for the banking industry today. Let’s have a look at the salary of MD & CEO of major public sector banks (PSU Banks). Click here to join our whatsapp channel to get news updates about banking industry.
| Bank | Salary (Rs.) |
|---|---|
| Bank of Maharashtra | 74,00,000 |
| Indian Bank | 47,53,000 |
| Central Bank of India | 44,46,000 |
| Bank of Baroda | 44,38,137 |
| Canara Bank | 42,23,971.58 |
| Indian Overseas Bank | 40,80,132 |
| Union Bank of India | 40,00,000 |
| State Bank of India | 39,42,000 |
| Punjab National Bank | 39,31,488 |
| Bank of India | 33,70,597 |
Salary of MD & CEO of other two banks will be released soon. Click here to join our whatsapp channel to get news updates about banking industry.
